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Sri Lankan stock market to get few billion rupees next week, if the credit rule is relaxed – Broker

+4
Kumar
UKboy
cseguide
CSE.SAS
8 posters

Go down  Message [Page 1 of 1]

CSE.SAS

CSE.SAS
Global Moderator

A Sri Lankan Stock Broker says, few billion rupees (LKR) will come into the Colombo Stock Exchange by next week if the regulator extends the credit limit the brokers can lend to investors.

Bartleet Religare Securities says “This may provide temporary retail support for the index and may push the speculative counters higher”.

According to the Broker, the credit extension is ultimately one of the final bullets the regulator have to bring into infuse the market with capital.

However BRS says, if speculators and investors are unable to unwind positions and return to cash, it could spell trouble for the market.

The Stockbroker in its weekly client report points out that it is time for the brokers, regulators and investors to work together and look for other sources of capital for the market.

“Every broker wants to attract the larger funds that are currently pulling out of the market. It is equally important to tap the global independent trader community that is always after a good trade”.

This situation, it says will support and provide the much needed liquidity to the market.

Securities and Exchange Commission is expected to take a final decision on extending the broker credit limit by next week.
http://www.news360.lk/markets/stock-market/sri-lanka-stock-market-to-get-few-billion-rupees-next-week-if-the-credit-rule-is-relaxed-broker

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

A Sri Lankan Stock Broker says, few billion rupees (LKR) will come into the Colombo Stock Exchange by next week if the regulator extends the credit limit the brokers can lend to investors.

Bartleet Religare Securities says “This may provide temporary retail support for the index and may push the speculative counters higher”.

According to the Broker, the credit extension is ultimately one of the final bullets the regulator have to bring into infuse the market with capital.

However BRS says, if speculators and investors are unable to unwind positions and return to cash, it could spell trouble for the market.

The Stockbroker in its weekly client report points out that it is time for the brokers, regulators and investors to work together and look for other sources of capital for the market.

“Every broker wants to attract the larger funds that are currently pulling out of the market. It is equally important to tap the global independent trader community that is always after a good trade”.

This situation, it says will support and provide the much needed liquidity to the market.

Securities and Exchange Commission is expected to take a final decision on extending the broker credit limit by next week.
news360.lk

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Sri Lanka stockbrokers... Yukkkk.. Mad Most of them are living cos its illegal to shot them

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

So the brokers want to boost the trade via credit relaxation.
Then how can they do? By pushing the price and again retail investors are going to suffer?

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

@ cseguide this topic is in the news section for last 12 hours.
http://forum.srilankaequity.com/t14948-sri-lankan-stock-market-to-get-few-billion-rupees-next-week-if-the-credit-rule-is-relaxed-broker

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Kumar wrote:@ cseguide this topic is in the news section for last 12 hours.
http://forum.srilankaequity.com/t14948-sri-lankan-stock-market-to-get-few-billion-rupees-next-week-if-the-credit-rule-is-relaxed-broker
Two identical topics are merged. Thanks Kumar.

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

Monster wrote:
Kumar wrote:@ cseguide this topic is in the news section for last 12 hours.
http://forum.srilankaequity.com/t14948-sri-lankan-stock-market-to-get-few-billion-rupees-next-week-if-the-credit-rule-is-relaxed-broker
Two identical topics are merged. Thanks Kumar.
thanks kumar and monster

sriranga

sriranga
Co-Admin

UKboy wrote:Sri Lanka stockbrokers... Yukkkk.. Mad Most of them are living cos its illegal to shot them


Certain extend you do have reason. Lack of professionalism.

http://sharemarket-srilanka.blogspot.co.uk/

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics

Thnkx CSE.SAS 4 sharing

Light of Hope


Vice President - Equity Analytics
Vice President - Equity Analytics

market timing matter, correct time to sell

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